Greenyard Foods merges to become global fruit, vegetable giant

April 13, 2015 8:22 AM

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BRUSSELS, April 13 (Reuters) - Belgian frozen vegetable group Greenyard Foods will merge with fresh fruit company Univeg and gardening company Peatinvest to form a global fruit and vegetable group with 3.7 billion euros ($3.9 billion) in annual sales.

The companies, in which the family of chairman Hein Deprez has major stakes, will then be listed on the Brussels stock exchange through Greenyard Foods as a parent company.